Automatic exchange of information between Switzerland and EU: Federal Council adopts dispatch on Protocol of Amendment

During its meeting on 24 June 2026, the Federal Council adopted the dispatch on the Protocol of Amendment to the Agreement between Switzerland and the European Union (EU) on the automatic exchange of financial account information to improve international tax compliance. The Agreement will be aligned with the revised OECD standard and also contains new provisions on administrative assistance for the recovery of VAT claims. The overwhelming majority of consultation participants agree with the proposal.